Mhm Products Ltd
- Small
- Active
- 3 years
- 2 employees
- £7,679 (assets)
- Real address
- 2 directors
- 2 owners
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Mhm Products Ltd from Bury UK is a small, family business with an active status, founded three years ago. The company employs two people and holds £7,679 in assets, operating from a real address. With two directors and two owners, it's a tight-knit operation.
The company’s website showcases a national business established in 2010, specializing in new and used power solutions, including diesel generators, solar generators, and lighting towers. They offer sales, quality used equipment, and rehire options, serving the UK and Ireland's hire industry. The website highlights a focus on Solar Hybrid Generators, emphasizing sustainable energy solutions. They also offer related accessories and boast a national depot network for timely product delivery.
Financially, Mhm Products Ltd shows some concerning trends. Accrued liabilities have increased by 10%, while cash bank on hand has surged a whopping 290% to £270. However, net assets and net current assets both declined by 17%, and property plant equipment has fallen by 50%. Trade creditors have risen by 13%, suggesting a reliance on credit. Despite these challenges, the company's small size—meeting two of three criteria for a small business—allows for agility. The accounts are described as “filleted” and unaudited, which is common for small companies.
Overall, Mhm Products Ltd appears to be navigating a period of change. While cash reserves have improved, the decline in net assets and rising liabilities suggest a need for careful financial management. It’s a small business, but its future depends on maintaining its niche in the power solutions market.
Registered in England/Wales under the registration number 13428538, with a registered address at BL9 6NX, England, Bury, Lancashire, Tower House, 269 Walmersley Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Mcdonnell Clare
- 3 years
- 25%+
-
Resident of United Kingdom
-
Individual
- Mcdonnell Kathryn
- 3 years
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- Mcdonnell Clare
- 3 years
-
Resident of United Kingdom
-
Individual
- Mcdonnell Kathryn
- 3 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2024-05-31Download 9 pages pdf report
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Confirmation statement made on 2024-05-30 with no updatesDownload 3 pages pdf report
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Director's details changed for Miss Kathryn Mcdonnell on 2024-06-03Download 2 pages pdf report
FAQ about Mhm Products Ltd
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